Miami Retail Report & Team Qualifications

DYNAMIC Submarkets

Submarket Health

Recovery

Expansion

Decline

Contraction

Coral Gables

Design District

Brickell

Wynwood

Downtown

Miami Beach

Aventura/N. Miami Beach

Kendall

Coconut Grove

• Activity Rebounds • Occupancies Increase • Rents Stabilizes • New Tenants Move In

• Activity Accelerates • Rapid Drop in Vacancy • Rents Rises Sharply • Some Tenants Priced Out

• Activity Falls • Vacancy Slowly Rises • Rents Decline Slightly • Tenants Start to Leave

• Limited Activity • Long Term Vacancy • Rents Stagnate • Empty Storefronts

Source: Cushman & Wakefield Research. All rental rates are NNN per square foot.

18 | 2017 MIAMI RETAIL Major Markets Report